Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Details)

v3.22.2.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Numerator        
Net income attributable to Landsea Homes Corporation $ 19,970 $ 10,797 $ 47,970 $ 14,387
Less: undistributed earnings allocated to participating shares (487) (239) (1,094) (315)
Net income attributable to common stockholders $ 19,483 $ 10,558 $ 46,876 $ 14,072
Denominator        
Weighted average common shares outstanding - basic (in shares) 40,935,152 46,281,091 43,768,269 46,062,200
Adjustment for weighted average participating shares outstanding (in shares) (1,000,000) (1,000,000) (1,000,000) (985,185)
Adjusted weighted average common shares outstanding under two class method - basic (in shares) 39,935,152 45,281,091 42,768,269 45,077,015
Dilutive effect of warrants (in shares) 0 0 0 0
Dilutive effect of share-based awards (in shares) 162,117 48,800 175,602 69,537
Adjusted weighted average common shares outstanding under two class method - diluted (in shares) 40,097,269 45,329,891 42,943,871 45,146,552
Earnings per share        
Basic (in dollars per share) $ 0.49 $ 0.23 $ 1.10 $ 0.31
Diluted (in dollars per share) $ 0.49 $ 0.23 $ 1.09 $ 0.31
Antidilutive securities excluded from computation of earnings per share, amount 1,600,000 7,100,000 1,600,000 7,100,000